Career Guide: Private Equity

Private equity firms are in the business of helping companies raise cash, but unlike investment banks they do so directly in return for a stake. There's a wide array of different types of private equity firms and job choices within those, but all are keenly contested and the exclusive vocation of the elite. This is what you need to know.

Traditionally, it’s been rare for private equity companies to run formal graduate programmes for undergraduates straight out of university, but this is gradually changing. Blackstone Group, 3i and Terra Firma